XAUUSD: Break and Re-Test Trap

Don't fall for the buying trap! Price is likely to drop lower before we see any attempts of breaking supply.

I would wait for the imbalance from the bullish move to fill before I search for buys.

The ideal buy zone would be in the newly created demand.

Updates to follow.

Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬

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Always limit your leverage and use a tight stop loss.

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